Major commercial-industrial landlord INDUS Realty Trust has agreed to sell five properties in Windsor’s Griffin Center for $25.2 million to three separate buyers.
The deal announced Monday includes two office buildings at 5 and 7 Waterside Crossing totaling 161,000 square feet, properties for which INDUS (then called Griffin Industrial Realty) had paused sale efforts last year due to the COVID-19 pandemic.
The sale is expected to close in the third quarter, and Griffin declined to identify the buyer, which has also agreed to purchase Griffin Center’s 21 Griffin Road North, a 46,000-square-foot office property with tenants including TRC and Carousel Technologies, and 25 Griffin Road North, an adjacent undeveloped plot of land on the overall 17-acre Griffin Road North parcel.